ETH current price is about $1729–$1754. It has been pressured by the Fed’s hawkish signals, with a drop of about 3.65% over the past 24 hours.
On the 1-hour chart, the Bollinger Bands are extremely tight (range 1731–1793), indicating a narrow consolidation that is building momentum in the short term. Strong resistance lies at 1760–1800, while key support is at 1725. If it breaks down or tests lower levels, it could fall to as low as 1700, or even 1680.
On the 1-hour chart, the Bollinger Bands are extremely tight (range 1731–1793), indicating a narrow consolidation that is building momentum in the short term. Strong resistance lies at 1760–1800, while key support is at 1725. If it breaks down or tests lower levels, it could fall to as low as 1700, or even 1680.